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Consumers are increasingly gravitating towards BNPL options
Survey found more than half of Americans are not paying off cards in full every month
Survey shows significant majority of consumers expect to reach financial prosperity in the next 10 years
Customers are still struggling to meet costs and are dipping into emergency savings despite the recent fall in inflation
Only 9% of Americans choose to go into a bank branch
Consumer spending, government spending and residential investments were the catalysts for growth
The current economic environment is leading many lenders to reevaluate their business strategies
The rule requires banks to collect and report data on credit applicants
JP Morgan reported $13.15 billion in profit last week
ABA survey assessed customer satisfaction as well as opinions on cannabis banking and overdraft protection
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